Is WEEX Exchange legit?

Could you tell me more about the legitimacy of WEEX Exchange? Are they a regulated and trustworthy platform for cryptocurrency trading? What measures have they put in place to ensure the safety and security of their users' funds? Have there been any reports of fraud or scams associated with this exchange? It's important for me to be confident in the platform I'm using, so I'd appreciate any information you can provide on their reputation and reliability.